LICENSED REAL ESTATE AGENT COMMISSION

Question:  Can a licensed real estate agent share a commission or pay a referral fee to an attorney? Answer:  No, unless the attorney has a real estate broker’s license or a salesperson’s license and is affiliated with a broker.  A California appellate court has held...

FIRST COMMISION CASE FILED IN CALIFORNIA

On December 8, 2023, a California home seller who paid $50,000.00 in real estate commissions filed the first-class action lawsuit in the State of California alleging that the defendants violated anti-trust laws by conspiring to inflate real estate broker commissions....

12/4 Risk Management Webinar Recording

Broker Risk Management (“BRM”) provided a risk management seminar (webinar) for its clients on December 4, 2023.  The topics included legal issues driven by the current market, disclosures, agent trouble areas, new forms, new statutes and discussion of the NAR...

QUESTION AND ANSWER REGARDING LIS PENDENS

QUESTION:  The seller is refusing to sell the property to the buyer.  Can the buyer place a lis pendens on the property? ANSWER:  To place a lis pendens on the property, the buyers would need to file a lawsuit as a notice of pendency of action (lis pendens) can only...

BRM Risk Management Webinar

BRM is offering a risk management webinar to its clients on December 4, 2023.  This webinar will provide the latest information regarding legal issues arising out of the current market, disclosure issues, agent trouble areas, new statutes, and a status report on the...